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If a price-discriminating monopoly charges a lower price to individuals in city X, it is likely that ...

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If a price-discriminating monopoly charges a lower price to individuals in city X, it is likely that ...

If a price-discriminating monopoly charges a lower price to individuals in city X, it is likely that the firm

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believes that the demand of individuals in city X is relatively inelastic.

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believes that the demand of individuals in city X is relatively elastic.

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wants to shift the demand of individuals in city X.

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cares about the well-being of the individuals in city X.

Textbook

Economics

Edition: 12^th

Author: Arnold

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moreme Author

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Brilliant ツ

Goku935

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I appreciate what you did here, answered it right Smiling Face with Open Mouth

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Thanks

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